Question: Phoenix Plastic Inc. has accumulated the following data over a six-month period: Separate the machine-related costs into their fixed and variable components, using the high-lowmethod.

Phoenix Plastic Inc. has accumulated the following data over a six-month period:


Phoenix Plastic Inc. has accumulated the following data over a


Separate the machine-related costs into their fixed and variable components, using the high-lowmethod.

Machine Hours 700 Machine-Related Costs $10,000 12,000 15,000 17,000 20,000 22,000 $96,000 January April.. May June... 1,100 1,300 1,500

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